SEHK:700Interactive Media and Services
Tencent Holdings (SEHK:700) Valuation Check As DBS And TenPay Launch New Cross Border Service
Attention on Tencent Holdings (SEHK:700) has picked up after DBS Bank and TenPay Global launched a new cross-border service that links DBS accounts with Weixin Pay and expands DBS PayLah! acceptance across mainland China.
See our latest analysis for Tencent Holdings.
Despite the new DBS and TenPay Global tie up highlighting Tencent's role in cross border payments, the shares trade at HK$532.0 after a 14.47% 1 month share price decline. The 1 year total shareholder return of 13.03% contrasts...